Want to make better decisions? Try this…
A client recently shared a growing concern of hers; she was uncomfortable with her decision-making process & wanted to make sure she was making the best possible decisions. I have heard this more & more lately from clients regarding their decision-making process. It...
read moreOrganizations running out of Cash. Really?
Many people start businesses but can't make it past the first few months for a surprisingly basic reason; they run out of cash. How can you prevent this? Everyone knows you need to forecast the 3 traditional financial statements (balance sheet, income statement & cash...
read more10 Business lessons from Kobe Bryant
60 points; 20 seasons; 18 all-star games; 5 championships; 1 MVP. Not bad for someone just 37 years old. So what business lessons can we learn from Kobe? Have a goal in mind: Kobe said he always wanted to be a Laker. He was drafted by the Charlotte Hornets, yet, Jerry...
read moreAs Frank sang, “I did it my way.”
Entrepreneurship is very trendy right now, but what exactly is it? And is it for You? “Isn’t it great owning your own business? You get to choose which 12 hours a day you work”. This was the actual toast friends gave us at dinner one night when we hit the first...
read moreA 1765% ROI?
Does investing in process improvement (doing what you do only better) really pay dividends? Yes, big time, if done right; and No, not at all, if done wrong. Sure, we have all heard that old line about the difference between an expense & an investment is whether you...
read moreLeverage is: Good, Bad or….
Leverage is defined in physics as “the mechanical advantage or power gained by using a lever.” In finance it is “the use of long-term borrowed money in an attempt to increase your return to shareholder.” So when do you know when leverage is good, bad or…? In the...
read more5 mistakes small businesses make when they first start out.
There are 5 very common, and avoidable, mistakes many startups & new businesses make. I have seen these poor choices lead to frustration, dissention, poor performance & worse; bankruptcy. They are (in order): 1) lack of strategic planning; 2) lack of adequate...
read moreWhy 2 out of 3 Companies Fail!
Everyone who starts a company wants it to be successful. They want it to grow because this is the sign of success. Right? Wrong, if that is the primary goal. 2/3 of the companies that made Inc. Magazine’s list of the 5,000 fastest-growing companies had shrunk in size,...
read moreWhy Recognizing Generational Differences Matters to Your Success
There’s a generation gap inside your organization and if you continue to ignore it your productivity will continue to suffer. “What gap?”; “What continue?” you ask. While most of us don’t realize it, there is a fundamental difference in how various generations...
read moreLeadership lessons learned from General Eisenhower
When everything is going great, winning is easy; whether in business or war. The comparisons are so frequent that Sun Tzu’s The Art of War is frequently quoted for business lessons. Strong leadership is required in either case. One particular leader who stands out as...
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